Jan. 1, 2013, seemed a long way off in the Chicken Summer of 2011. That’s when Congress reached a deal that ended, or rather postponed, the debt-ceiling crisis by declaring that automatic cuts in federal spending would be triggered at the beginning of 2013, unless a bipartisan supercommittee came up with a sweeping plan for … Continue reading No More Unemployment Extensions: But Make Sure You Bailout Your International Banks Through Increased Taxation!
The Spending Threat to Our National Defense Consider it a warning from the highest levels of the U.S. government. Yesterday, Secretary of State Hillary Clinton and Secretary of Defense Leon Panetta held a joint press event in Washington in which they cautioned that U.S. debt is jeopardizing America's ability to ensure national security and preserve its interests abroad. Death Toll For … Continue reading Obama Deconstructs U.S. Military: Cuts $400 Billion From Defense, & Approves Defense Secretary Robert Gate’s Cut Of Another $178 Billion!